Product

How Top Procurement Teams are Achieving Best-In-Class Spend Results in 2024 and Beyond

How Top Procurement Teams are Achieving Best-In-Class Spend Results in 2024 and Beyond A shift is happening in the electronic component market. An optimistic return to normalcy after the worst of the COVID-19 pandemic has caused electronics manufacturers to change their procurement strategies once again. But what are the top procurement minds doing today to […]

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Sustainability and Green Sourcing - Can It Be Done Without Adding Cost and Complexity?

Sustainability and “Green Sourcing” – Can It Be Done Without Adding Cost and Complexity?

Sustainability and “Green Sourcing” – Can It Be Done Without Adding Cost and Complexity? Sustainable procurement — or “green sourcing,” as it’s often called — has increasingly become a top priority for electronics manufacturers across the globe. The goal of green sourcing is to reduce the environmental impact of one’s supply chain by purchasing recycled

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Not Receiving Your Ideal Price From Suppliers? Check Your Business Terms and Conditions

Not Receiving Your Ideal Price From Suppliers? Check Your Business Terms and Conditions The relationships between businesses and their suppliers (also referred to as vendors) is a complicated one, and one which we’ve discussed before. While in the past, we’ve explored how factors such as market changes, environmental issues, and economic waves can affect how

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Lytica's CEO Weighs In on Team-Building, AI & What's Next for Procurement

Lytica’s CEO Weighs In on Team-Building, AI & What’s Next for Procurement

Lytica’s CEO Weighs In on Team-Building, AI & What’s Next for Procurement Martin Sendyk, Lytica’s President and CEO, was recently interviewed by ProcureTech as part of their series featuring ProcureTechSTARS — the digital Procurement CEOs and Founders who are transforming Procurement and the enterprise. Prior to joining Lytica in 2020, Martin held senior-level positions with

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Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance

Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance

Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance In today’s fast-paced electronics manufacturing industry, staying ahead of the competition requires optimizing every aspect of the production process. One crucial element that can significantly impact efficiency and results is the creation and maintenance of a best-in-class Approved Vendor List (AVL). This

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The Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2)

It’s not news that COVID-19 flipped the supply chain ecosystem on its head, revealing cracks in an industry ripe for disruption. The gap it caused between supply and demand made it hard to get an holistic overview of the market, as quality, supplier search, and price fluctuations were in disarray. Not to mention, the ‘acceleration

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Trends Plugin – New Product Launch

Leveraging Supplier & Manufacturer Relationships with Performance Trends We’re extremely excited to announce the launch of the Trends plugin for our SupplyLens Pro™ platform. This new plugin enhances the market intelligence platform with historical pricing data and analysis to enable qualified customers to better assess their supplier relationships. Lytica’s SupplyLens™ Pro platform is the world’s largest

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SaaS for component pricing: Q&A with Lytica chairman Ken Bradley

How much should one pay for a chip or a component? Lytica, a Canadian supply-chain pricing analytics company, has the answer. Founded by former Nortel chief procurement officer Ken Bradley, who, like many others in the IT industry, was once bemused by component pricing, Lytica is transforming itself into a software-as-a-service (SaaS) company, helping OEM

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SupplyLens™ Pro – 3 FAQs

With the evolution of Lytica’s products from our legacy tools to the establishment of SupplyLensTM Pro, we continue to see similar technology questions from new and existing customers. In this blog, we’re sharing three common FAQs the Customer Success department sees. How does volume affect Lytica’s Target Pricing methodology? Bradley’s Law is fundamental to the

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